Low Income Housing Coalition of East Kentucky Inc
Nonprofit profile at a glance
- EIN
- 611365825
- IRS 990-EZ coverage
- 2020–2020
- Forms available
- Form 990 2016, Form 990-EZ 2020
- Location
- Prestonsburg, KY, USA
- Phone
- 6068862201
- Rating confidence
- Limited
- Sector
- Housing Support
Reported finances
- Revenue
- $-13,073
- Expenses
- $21,873
- Assets
- $499,372
- Liabilities
- $223,456
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
8 people listed
People named in this filing
- BRYAN FITZPATRICK (Chairman)
- ROBERT JOHNS (BOARD MEMBER)
- LORIE ELAM (BOARD MEMBER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission is to provide assistance to low income individuals and families. Assistance is provided in the form of building small homes or restoring existing structures.
What it reported doing in 2020
The court appointed receiver is in the process of liquidating this entity. The receiver has substanilly reduced the amount of debt the entity is carrying and has sold an office building.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 28
- Transparency & Controls: 82
- Sustainability: 39
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 75.8%; rating input score 76
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -267.3%; rating input score 7; 7th percentile among comparable filings
- Total-asset coverage ratio: 22.83; rating input score 95; 95th percentile among comparable filings
- Liabilities to assets ratio: 0.45; rating input score 12; 12th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -31% per year; rating input score 0; 13th percentile among comparable filings
- Asset growth: -9.9% per year; rating input score 0; 16th percentile among comparable filings
Details
- Where the money goes: 75.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $17K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 7/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 12/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.